Posted on 07/25/2023 6:45:40 AM PDT by SpeedyInTexas
Russian oil shipments down significantly since the end of April. Oil prices rose about $5/bbl over the last month or so, after having been stable for several months:
Russian Crude Oil Exports Continue To Plunge
https://oilprice.com/Energy/Crude-Oil/Russian-Crude-Oil-Exports-Continue-To-Plunge.html
“Russia’s crude oil exports by sea continued to slump last week and are now well below the February levels and nearly 1.5 million barrels per day (bpd) lower than the recent peak at the end of April, tanker-tracking data monitored by Bloomberg showed on Tuesday.
Russia’s crude shipments plunged by 311,000 bpd to 2.73 million bpd in the week to July 23, as exports out of the Western ports on the Baltic Sea and the Black Sea crashed to 1.17 million bpd, down by 625,000 bpd from the previous week, according to the data reported by Bloomberg’s Julian Lee.
Crude shipments from the Kozmino port in Russia’s Far East, from where the voyage to top customers China and India is much shorter, rose in the week to July 23, but couldn’t offset the plummeting crude export volumes from Novorossiysk on the Black Sea and Primorsk and Ust-Luga on the Baltic Sea.
So in the week to July 23, nationwide Russian crude exports by sea, at 2.73 million bpd, were 1.48 million bpd lower than the peak seen in the final week of April, according to Bloomberg’s data.
Tanker-tracking data have already started to show in recent weeks that Russia’s seaborne crude oil exports were declining from the highs seen in April and May.”...
...”In early July, Russia said that it would cut its crude oil exports by 500,000 bpd in August in a bid to ensure a balanced market, and the reduction in exports would come from a further 500,000-bpd cut in oil production.
Vessel-monitoring data suggest that Russia has started to reduce supply to the market, which, combined with the Saudi production cut of 1 million bpd in July and August, would tighten market balances.”
So in the week of July 23, nationwide (total) Russian crude exports by sea, were about a third lower than the peak seen in the final week of April.
The big reduction was from exports through the Black Sea Terminals at Novorossiysk.
Update on the conflict in Ukraine for July 26, 2023:
-Ukraine’s offensive nears the 2 month mark, having failed to breakthrough the security zone along the line of contact and reach the first of several layers of Russian defenses;
-Ukrainian losses are significant, Russia’s Ministry of Defense estimated up to 26,000 casualties as of July 12, 2023, many more have died since;
-Comments from Ukrainian President Volodymyr Zelensky indicate significant losses throughout the conflict and an inability to properly prepare for the current offensive;
-Ukraine has begun using bombings, drone strikes, and other forms of terrorism deep within Russian territory to compensate for a lack of progress along the line of contact;
-US security assistance packages for Ukraine reflect dwindling capacity to sustain combat in a high-intensity war of attrition;
-Allegations of Chinese support for Russian combat operations by supplying Russian troops with equipment and drones deliberately ignore the fact that Chinese products are making it into the hands of both Russian and Ukrainian soldiers on the free market;
-The Western media framing China as incapable of brokering peace because non-lethal products it makes are on the battlefield in Ukraine ignores Western nations positioning themselves to likewise broker peace (such as France) despite transferring weapons and ammunition to Ukrainian forces;
-With Ukraine’s offensive stalled, it is likely Ukraine’s Western sponsors will be preparing for their next move, be it an intervention of one kind or another, or shifting from Ukraine to the war it is attempting to provoke with China in the Pacific;
Russian forces breaking through in the North.
Let’s see how far they get, when their supplies are destroyed and their equipment and manpower are clustered
Wide open troops not in trenches are an artillery mans dream come true.
Kazan is the name of a city in RuZZia.
Is that where you live?
“Russian crude exports by sea, were about a third lower than the peak seen in the final week of April.”
Coincidentally, Iranian shipments have increased (although Iranian production has not).
It is possible that Iran is just selling more oil on the books (rather than black market smuggling), and also that Russia might be using some of Iran’s smuggling methods and market.
There, fixed it.
Remember “The Little Engine that Could?” “I think I can....I think I can.....”
Seconded only by “Mom”
That was incorrect information apparently. The lines have not changed much.
“The tactical line there hasn’t changed much,” said Sergey Cherevaty, spokesman for the Eastern Group of Forces of the Armed Forces of Ukraine, in comments to CNN.
https://t.me/pilotblog/5558
Russians are now begging NK for artillery shells - Shoigu just visited yesterday in that regard.
Ukie cheerleaders are unhinged and weird
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Thank you!! - that’s a real compliment coming from a Putin troll!!
They did not move much past their zero line - other reports are wrong apparently.
Numbers since yesterday
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